Funding

View this Funding Summary

The collective vision of the Panoway on Wayzata Bay project is to restore, protect and enhance public access to one of the most treasured assets for our community and broader region, Lake Minnetonka.

What is TIF?

TIF is an economic development tool for a targeted area. Additional property taxes paid as a result of a new development are captured locally to pay for certain private and public improvements.

What is the Wayzata Conservancy?

A 501 (c3) non-profit whose mission is to support the implementation of Panoway by undertaking efforts to raise private funds, and advocate for the support and long-term success of the project. Read more here.